How to set a target price for the car


Task: Your friend is looking to buy a used car. Online searching has led him to be interested in a 2007-2009 Toyota RAV4 with low mileage, for about $8,000. Out one day, you see one parked with a for-sale sign and a phone number. You pass it on to your friend. How should your friend set a target price for the car?

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